DFARS 252.204-7022 Expediting Contract Closeout
Clause Defense Federal Acquisition Regulation Supplement May 2021 version
Facts
- Citation
- DFARS 252.204-7022
- Type
- Clause
- Current version
- May 2021
- Prescribed in
- DFARS 204.804-70
- Supplements
- FAR Subpart 52.2 Text of Provisions and Clauses
- Last amended
- 86 FR 27275 Effective May 20, 2021
- Text as of
- DFARS Change May 7, 2026
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this clause.
Text
As prescribed in 204.804-70, use the following clause:
Expediting Contract Closeout (MAY 2021)
(a) At the conclusion of all applicable closeout requirements of Federal Acquisition Regulation 4.804, the Government and Contractor shall mutually agree on the residual dollar amount remaining on the contract. Both the Government and Contractor agree to waive payment of any residual dollar amount of $1,000 or less to which either party may be entitled at the time of contract closeout.
(b) A residual dollar amount includes all money owed to either party at the end of the contract and as a result of the contract, excluding amounts connected in any way with taxation or a violation of law or regulation.
(c) For purposes of determining residual dollar amounts, offsets (e.g., across multiple contracts or orders) may be considered only to the extent permitted by law.
(End of clause)
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Defense Federal Acquisition Regulation Supplement: Expediting Contract Closeout (DFARS Case 2017-D042) |
Quick answers
What is DFARS 252.204-7022?
DFARS 252.204-7022 is a clause of the Defense Federal Acquisition Regulation Supplement, titled "Expediting Contract Closeout".
What is the current version of DFARS 252.204-7022?
The current version is dated May 2021.
Where is DFARS 252.204-7022 prescribed?
It is prescribed in DFARS 204.804-70, Contract clause.
When was DFARS 252.204-7022 last changed?
The most recent final rule on record is "Defense Federal Acquisition Regulation Supplement: Expediting Contract Closeout (DFARS Case 2017-D042)" (86 FR 27275), published May 20, 2021 and effective May 20, 2021.
Are changes to DFARS 252.204-7022 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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